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Posts Tagged 'limits'

IRS Announces Retirement Plan Limits for 2016

The IRS has announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2016. Here are a few key points to note regarding the items that did not change: The contribution limit for employees who participate in 401(k), 403(b), and most 457 plans remains unchanged at $18,000 The catch-up […]

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401(k) Contribution Limits Raised for 2015

For companies that are striving to provide benefit plans and encouragement to help their employees save for retirement, a recent announcement from the IRS may be viewed as good news. For 2015, the IRS has raised the benefit plan contribution limits in regards to 401(k) plans. Here is an overview of the current limits and […]

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Employer Alert: Transportation Benefits in 2014

To help offset the high cost of commuting, many employers have implemented (or considered implementing) a qualified transportation plan as part of their employee benefit programs. A transportation benefit program typically includes items such as parking expenses, transit passes, vanpooling expenses, and more. If you currently have a transportation benefit program in place or are considering […]

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Health Plans Impacted by ACA Cost-Sharing Limits

Under the Affordable Care Act (ACA), certain health plans must comply with cost-sharing limits with respect to their coverage of essential health benefits. These limits include an overall annual limit (or an out-of-pocket maximum) and an annual deductible limit. Recently, the Department of Health and Human Services (HHS) released a final rule that clarifies which plans […]

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